Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

The decline in GDP in 2020 to be compensated in 2021

Economy Minister Emil Nikolov
Photo: BGNES

The forecasts are for a decline in GDP this year of about 7%, but next year it will increase by 6%, which shows good condition, Bulgaria's Economy Minister Emil Karanikolov told the Bulgarian National Television. It was more important to protect people's lives and health. We have not closed the economy, we have not closed whole sectors, but our economy depends entirely on the European one. Supply links need to be shortened, he commented.

Together with Croatia, we will have the greatest opportunities to take advantage of this, because in the opinion of the European Commission, we entered this crisis extremely prepared, the Minister stressed. We are currently negotiating with large companies and I do not think that there is any problem for them to invest in our country, Karanikolov added.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

122 years since the outbreak of the Ilinden-Preobrazhenie uprising

The 122 nd anniversary of the outbreak of the Ilinden-Preobrazhenie uprising will be marked on 2 August in the locality Predela with a flower and wreath laying ritual at the monument Ilinden. Razlog municipality has announced that the ritual will..

published on 8/2/25 7:05 AM

The Union of Thracian Societies commemorates the Ilinden–Preobrazhenie Uprising

In the village of Slaveyno near Smolyan, the Union of Thracian Societies in Bulgaria is organizing a National Gathering-Pilgrimage on August 2 and 3. The festival is dedicated to the 122nd anniversary of the Ilinden–Preobrazhenie Uprising and the 145th..

published on 8/2/25 5:35 AM

Temperatures begin to rise over the weekend

On Saturday minimum temperatures will range between 15 and 23° C., for Sofia 15° C. During the day the weather will be predominantly sunny, cumulus clouds will form around and after midday. There will be rain and thunder mostly in the mountain..

published on 8/1/25 6:35 PM